Iggy Tan

Altech Conducts First-Ever Site Visit At HPA Site For Current And Potential Stakeholders

Altech Conducts First-Ever Site Visit At HPA Site For Current And Potential Stakeholders

Australian innovator Altech Chemicals Ltd. hosted a site visit from several of its investors over the weekend to its under-construction high-purity alumina (HPA) plant in Johor, Malaysia. Altech managing director Iggy Tan led investors and other stakeholders in the plant’s first-ever tour,...

Events

Altech To Raise A$20 MM As Construction At Johor Alumina Plant Begins

Australian innovator Altech Chemicals Ltd. announced yesterday the launch of two share offerings that are expected to raise A$20 million to complete engineering and begin construction of the firm’s high-purity alumina (HPA) plant in Johor, Malaysia. Per the company’s announcement, Altech has received around A$17 million in share placements for an offering of shares at […]

Altech Inks US$60 MM Stream Finance Deal for High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. announced yesterday that the firm has landed a non-binding term sheet with a United States investment group for a US$60 million stream finance facility supporting its high-purity alumina (HPA) project. Per Altech, the unnamed financier has agreed to advance Altech the US$60 million facility up front for a percentage of […]

Altech Closes Purchase of Mining Lease Freehold Land in Western Australia

Australian innovator Altech Chemicals Ltd. took to the Internet yesterday to announce the closing of a purchase by its subsidiary Altech Meckering Pty Ltd of approximately 227 acres of freehold land encompassing its mining lease in Western Australia. The firm, who announced last fall the exercise of its option to purchase the land upon which […]

Altech Mulling Mezzanine Debt Package And Joint Venture to Fund High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. announced a quartet of positive financial and business-related developments in an update the firm released to investors earlier this week. The firm advised that it continues to work toward completing certain conditions precedent to closing upon a US$190-million senior-debt package to which it agreed with German state-owned bank KfW IPEX-Bank […]

Altech’s Finance Debt Package for High-Purity Alumina Project Exceeds Expectations

Financial details of Australian innovator Altech Chemicals Ltd.’s credit guarantee deal announced last week covering its high-purity alumina (HPA) project emerged yesterday when the firm disclosed to investors that the arrangement included a total debt package of US$190 million and an export credit cover of US$170 million. The deal, brokered with German’s state-owned development bank […]